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BEL: Forming Symmetrical Triangle Pattern
BHARAT ELECTRONICS LTD
Long
BEL: Forming Symmetrical Triangle Pattern
By paras0408
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Updated
Jul 21, 2023
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Jul 13, 2023
BEL is forming a Symmetrical Triangle Pattern. As per expectation breakout could happen from 129 level.
After the breakout one can enter around 129-130 level with expected target of 143. Also one should set stoploss at 126.
Pattern is forming on hourly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Jul 21, 2023
Trade closed: stop reached
Stoploss hit. Going sideways.
BEL
bharatelectronicslimited
Symmetrical Triangle
Triangle
paras0408
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